Wednesday, September 23, 2009

Local Economy Takes A Hit

It was reported yesterday that the Tenneco Plant is Cozad ...better known as Monroe Manufacturing...will be closing it's doors by the end of the year. The report stated that the closing will save Tenneco $8M in operating costs. Three other plants will pick up the slack...one in Mexico. Wonder how much they would have saved by closing the plant in Mexico?

This will result in the loss of 500 jobs in the Cozad area and a major hit to the Dawson County economy. The Monroe Plant in Cozad has manufactured shock absorber and ride-control parts used on anything from the average American car all the way up to the Space Shuttle. This industry will be missed and our hearts go out to those being let go. The local Economic Devilment Herd says this is both "a sad and happy" event...please explain the "happy" part in a little more detail please.